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Nov 21, 2012
11/12
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what are you looking at right now in terms of the fiscal cliff deal and also, this news coming out? >> oil just turned negative. down to about 20 cents a barrel after being up about 75 cents a barrel earlier in the day, so positive news coming out of the middle east and affecting the oil markets. the turkey is thawing. let's see if the gold market can heat up. what you're seeing in gold is the longs are content where they are. no shorts coming to the market with the fiscal cliff uncertainty, so on the downside, i'm looking at support at 17.10 and on the upside, about 17.35. i think what's evident, if we get a real deal, one where they address the top tax rate, the spending cuts, i think initially, it's bearish for gold, but i think after that, the qe kicks? >> i want to bring in jim on the discussion. the news of the cease fire coming out. what are the levels you're watching in gold right now. in oil right now. >> i believe the it's the january contract and if it's below 84.54ish, it means the market really believes that a cease fire is going to be more than just a fleeting thing an
what are you looking at right now in terms of the fiscal cliff deal and also, this news coming out? >> oil just turned negative. down to about 20 cents a barrel after being up about 75 cents a barrel earlier in the day, so positive news coming out of the middle east and affecting the oil markets. the turkey is thawing. let's see if the gold market can heat up. what you're seeing in gold is the longs are content where they are. no shorts coming to the market with the fiscal cliff...
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Dec 30, 2012
12/12
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cliff deal. so many cliffs, so little time. >>> do you watch abc's hit show "modern family" it has become a bit of a phenomenon. we sat down with one of the emmy winning producers and how they create nose crazy and hilarious story lines. >> i know, right. >> all i have to do is get 50 signatures, make my case and it's on. >> i am so proud of you. >> we all are. >> usually the minute any of us walks in the door, she gives us all something to do. >> do your homework. >> clean your room. >> put on pants. >> like the queen is coming over. >> i could really use your help getting these signatures. >> i'll do it as soon as i change those light bulbs you wanted. >> kids? >> i have a ton of homework. >>> "modern family" ever see it? it is a huge hit on abc packed with 21st century dynamics that are becoming the new normal for the modern family. nadia sat down with danny one of its executive producers for a real insider's tour of the show. cnn exclusive and today's arts & leisure. >> it's hard to know what
cliff deal. so many cliffs, so little time. >>> do you watch abc's hit show "modern family" it has become a bit of a phenomenon. we sat down with one of the emmy winning producers and how they create nose crazy and hilarious story lines. >> i know, right. >> all i have to do is get 50 signatures, make my case and it's on. >> i am so proud of you. >> we all are. >> usually the minute any of us walks in the door, she gives us all something to do....
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Nov 20, 2012
11/12
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cliff deal. is it a real deal? all right. baker, i'll start with you. i'm not sure where you are. but, president obama has made it very clear. he wants 1.6 trillion dollars of new revenues over the next ten years. okay. i would argue in order to get that number, he's going to have to raise tax rates, which the republicans don't want as well as put caps on tax deconductions or loopholes. so therefore we have a mess on our hands. >> not too much of a mess. i'm enjoying the show. we're talking about the tax rates going down to the clinton era. we're creating 3 million jobs a year. the economy is growing 4% a year. we take away a few of the tax loopholes. that sounds good to me. basically we have a lot of people running around like chickens with their heads cut off. the economy collapsed because the housing bubble burst. this is all loo loo land here and it is not enough to get worried about but it makes for good news. >> it makes for great news. i also, tim geithner says we can get a resolution of a
cliff deal. is it a real deal? all right. baker, i'll start with you. i'm not sure where you are. but, president obama has made it very clear. he wants 1.6 trillion dollars of new revenues over the next ten years. okay. i would argue in order to get that number, he's going to have to raise tax rates, which the republicans don't want as well as put caps on tax deconductions or loopholes. so therefore we have a mess on our hands. >> not too much of a mess. i'm enjoying the show. we're...
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Nov 17, 2012
11/12
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FBC
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i know we have our own fiscal cliff deal with and there is this petraeus crisis, but i hate to burst your bubble. there is a war starting in the middle east right now. israel, hamas, we have a ron and henry kissinger weighing in. how big is this getting? this whole israeli mass? >> it is the middle east, it is the direction of the arab spring has taken. the iranian nuclear program. sitting amidst all of this. [inaudible] neil: how do the other arab nations feel about hamas i heard him saying them saying that they are not fans of hamas. but their public stance versus their private views, they're very different. >> hamas would say that they are a radical organization. they are not involved in the arab spring. even egypt, their population is rapidly growing. so i don't know any with the exception of iran, that would encourage hamas to have the retaliation of you groups. they do have an interest. because it will demonstrate and they look at you in conflict, the shia radicalism. it makes it so complex. even on the sunni side, many of the groups. neil: we stand by israel, what is our polic
i know we have our own fiscal cliff deal with and there is this petraeus crisis, but i hate to burst your bubble. there is a war starting in the middle east right now. israel, hamas, we have a ron and henry kissinger weighing in. how big is this getting? this whole israeli mass? >> it is the middle east, it is the direction of the arab spring has taken. the iranian nuclear program. sitting amidst all of this. [inaudible] neil: how do the other arab nations feel about hamas i heard him...
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Nov 22, 2012
11/12
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we don't want a deal on the fiscal cliff, we want a good deal on the fiscal cliff. >> right. now this is really key. first of all, i want it say one thing, regarding ben bernanke and his monetary safety net and he did say yesterday that he didn't think monetary policy could offset a fiscal cliff recession. i don't want to get into a lot of fed watching. i'm just saying, i'm not sure the federal reserve will do much more. maybe they will, maybe they won't. now regarding good deals versus bad deals, this is where i disagree with some of think kol a colleagues here. maybe you do too. if this is deal that jacks up tax rates, the capital gains rate, dividend rate, if it has a millionaire surtax as senator collins said, that's not such a hot deal. how would they react to a high tax on investor type of deal. >> they limit investments. they make investments less attractive. the stock market doesn't want a big raise on capital gains and dividends. the stock market is okay with a small one. the best is the 39% ordinary income tax hike. but essentially leave dividends and capital gains
we don't want a deal on the fiscal cliff, we want a good deal on the fiscal cliff. >> right. now this is really key. first of all, i want it say one thing, regarding ben bernanke and his monetary safety net and he did say yesterday that he didn't think monetary policy could offset a fiscal cliff recession. i don't want to get into a lot of fed watching. i'm just saying, i'm not sure the federal reserve will do much more. maybe they will, maybe they won't. now regarding good deals versus...
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Dec 9, 2012
12/12
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what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real progress. >> a unique moment in history where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solve advancecy. the minority party is trying to leverage the country into doing something great for our nation. it's a unique time and i hope the president soon will see the light. >> joining me the chris wallace. good morning. >> good morning, jamie. >> interesting interviews with optimism. do you think that -- they really believe a deal will happen and is each side willing to make a move? >> well, both senators said the
what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real...
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fiscal cliff to the international edition of the german paper der spiegel budget disarray u.s. set to restage greek tragedy now it may not represent the same type of threat but it is reminiscent of the debt ceiling debate in the summer of two thousand and eleven after which the u.s. of course lost its aaa credit rating from s. and p. for the first time in history now the ratings agency then.
fiscal cliff to the international edition of the german paper der spiegel budget disarray u.s. set to restage greek tragedy now it may not represent the same type of threat but it is reminiscent of the debt ceiling debate in the summer of two thousand and eleven after which the u.s. of course lost its aaa credit rating from s. and p. for the first time in history now the ratings agency then.
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cliff deal but what does this so-called dollar index really gauge when it comes to the greenbacks true value will break it down and word of the day and paying people to track that comings and goings of private corporate jets in the big woods on them amounts to this. material nonpublic information which is different as the information that the average investor doesn't have the capability of an insider trading case pretty standard. there is a debate we'll talk about it and loose change let's get to today's capital account . well this whole cliff debate seems to consume the domestic airwaves it also reverberated around the global echo chamber providing the baseline for headlines like this that we found a day in the english edition of the chinese government news source no deal in sight on the u.s. fiscal cliff to the international edition of the german paper der spiegel budget disarray us set to restage greek tragedy now it may not represent the same type of threat but it is reminiscent of the debt ceiling debate in the summer of two thousand.
cliff deal but what does this so-called dollar index really gauge when it comes to the greenbacks true value will break it down and word of the day and paying people to track that comings and goings of private corporate jets in the big woods on them amounts to this. material nonpublic information which is different as the information that the average investor doesn't have the capability of an insider trading case pretty standard. there is a debate we'll talk about it and loose change let's get...
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Nov 29, 2012
11/12
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cuts in this deal to avoid the fiscal cliff. that is not what they are doing now. should they include those? >> yes. i think that, and i know that democrats accept that this has to be it, a balanced package, that includes revenues and cuts and spending cuts. >> months ago, the budget carney held up was voted down by the entire senate. 99-0. meaning no democratic support. earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico report that a phone call last night between boehner and the president was curt, noting it was 28 minutes long and productive. signaling the president is flexible on taxes not being s
cuts in this deal to avoid the fiscal cliff. that is not what they are doing now. should they include those? >> yes. i think that, and i know that democrats accept that this has to be it, a balanced package, that includes revenues and cuts and spending cuts. >> months ago, the budget carney held up was voted down by the entire senate. 99-0. meaning no democratic support. earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi...
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Nov 19, 2012
11/12
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hopes for a fiscal cliff deal, up. question: does that mean taxes are about to go up? welcome, everyone, i am stuart varney here for neil cavuto and this is "your world." stocks straight up. wall street betting a deal will be made as democrats double down on demands for tax hikes as part of a deal. >> the president has been very clear, the higher income people have to pay their fair share. >> letting the top rate return to clinton era levels. >> that would be 39.percent. a new poll shows a majority of voters 57 percent, favor hiking taxes on high income earners and not looking too good for republicans looking to hold out. and now art laffer, i am not suggesting this is good policy but this is what will happen. tax rates up on the rich and promises of spending cuts later, and ignore the debt. that is the nature of the fiscal cliff deal. what do you say? >>guest: you are correct. that is what is going to happen. i hope a vast majority of the republicans in the house of representatives hold firm on their position but that is what is going to happen and i hope it does it w
hopes for a fiscal cliff deal, up. question: does that mean taxes are about to go up? welcome, everyone, i am stuart varney here for neil cavuto and this is "your world." stocks straight up. wall street betting a deal will be made as democrats double down on demands for tax hikes as part of a deal. >> the president has been very clear, the higher income people have to pay their fair share. >> letting the top rate return to clinton era levels. >> that would be...
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Nov 16, 2012
11/12
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much more on the fiscal cliff deal. in gaza, and of course, general petraeus. as we take it up with the "a-team" coming up next. is he right? were republicans or two about a? the a-team joins me next. and the keystone pipeline, here we go again. president obama kill the pipeline the lease until after the election. can union workers convince him to start laying the pipe? will be his hostilities resulted in a wider war? we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] lou: with israel may want to ground operation against the gaza strip after palestinians fired 200 rockets into israel. three israelis have been killed. troops and tanks are moving toward the border. the government called up 30,000 reservists the escalation comes one day after the m
much more on the fiscal cliff deal. in gaza, and of course, general petraeus. as we take it up with the "a-team" coming up next. is he right? were republicans or two about a? the a-team joins me next. and the keystone pipeline, here we go again. president obama kill the pipeline the lease until after the election. can union workers convince him to start laying the pipe? will be his hostilities resulted in a wider war? we use this board to compare car insurance rates side by side so...
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cliff deal but what does the so-called dollar index really gauge when it comes to the greenback true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets in the big woods on them amounts to this. material nonpublic information which is defined as information that the average investor doesn't have this is an insider trading case pretty standard. there is a debate will talk about it and loose change let's get to today's capital account. while physical cliff debate seems to consume the domestic airwaves at all.
cliff deal but what does the so-called dollar index really gauge when it comes to the greenback true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets in the big woods on them amounts to this. material nonpublic information which is defined as information that the average investor doesn't have this is an insider trading case pretty standard. there is a debate will talk about it and loose change let's get to today's capital...
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Nov 20, 2012
11/12
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from the fiscal cliff deal to a new poll shows -- showing that the president will reach across for deals. charles is not buying it. what are you not buying that the president will not compromise and reach across the aisle or no deal at all? >> we will not get the deal by the january 1st deadline. >> so we go over the cliff? >> we begin that move toward the cliff. we have to be careful that the lights go out on january 1st. this will be destructive over the course of the year. and i think washington knows that you don't get january 1st and the stock market speaks out. that's the danger of waiting that long and waiting to be forced. then you get something haphazard. >> you don't think the president will bend on raising tax rates on the rich and the republicans won't cave to that? >> i hate say raising tax rates on the rich. again it is a $250,000 threshold. >> that's what the people believe. >> the president wants that, and i think $1.6 trillion is an outrageous figure he tossed out there. ultimately when there is some sort of a compromise he will be able to claim victory with the number u
from the fiscal cliff deal to a new poll shows -- showing that the president will reach across for deals. charles is not buying it. what are you not buying that the president will not compromise and reach across the aisle or no deal at all? >> we will not get the deal by the january 1st deadline. >> so we go over the cliff? >> we begin that move toward the cliff. we have to be careful that the lights go out on january 1st. this will be destructive over the course of the year....
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Nov 16, 2012
11/12
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much more on the fiscal cliff deal. in gaza, and of course, general petraeus. as we take it up with the "a-team" coming up next. is he right? were republicans or two about a? the a-team joins me next. and the keystone pipeline, here we go again. president obama kill the pipeline the lease until after the election. can union workers convince him to start laying the pipe? will be his hostilities resulted in a wider war? k.t. mcfarland joins me next. [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor abt viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. via
much more on the fiscal cliff deal. in gaza, and of course, general petraeus. as we take it up with the "a-team" coming up next. is he right? were republicans or two about a? the a-team joins me next. and the keystone pipeline, here we go again. president obama kill the pipeline the lease until after the election. can union workers convince him to start laying the pipe? will be his hostilities resulted in a wider war? k.t. mcfarland joins me next. [ male announcer ] this is the age of...
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Nov 19, 2012
11/12
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CNBC
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after the bell, stocks rallying on hopes for a fiscal cliff deal. we're calling it a rise above rally. just imagine how high stocks quoo go if they really did actually reach a deal? >> we'll get to that. the video game industry is struggling. why is nintendo making a big bet on a whole new wii console. the president of nintendo america shows off the wii-u and shows why he's banking on it to fly off the shelves this holiday season. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to
after the bell, stocks rallying on hopes for a fiscal cliff deal. we're calling it a rise above rally. just imagine how high stocks quoo go if they really did actually reach a deal? >> we'll get to that. the video game industry is struggling. why is nintendo making a big bet on a whole new wii console. the president of nintendo america shows off the wii-u and shows why he's banking on it to fly off the shelves this holiday season. i always wait until the last minute. can i still ship a...
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Nov 29, 2012
11/12
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the mortgage interest deduction could be on the chopping block as part of a fiscal cliff deal. will this kill any incentive to buy a home and the housing market right along with it? we'll take a look. >>> a new report that exxonmobil has a oil shortage going on. its oil and gas output is at a 3-year low. we'll tell you why and whether you need to worry about more industry giants suffering the same fate. >>> put your money where your mouth is. a rapper offers a mill dollar reward for the lost laptop. when it is found he refuses to pay up. the financial fight goes to court. you won't believe who the jury has singing the blues. even when they say it's not it is always about money liz: all right. first let's take a look at the day's market headlines, will they or won't they? this is worse than an episode of "friends" i have to tell you. mixed signals from congressional leaders sent stocks whipsawing but all the major indices rose at the end of the day. the dow closed 36 points. it is something, come on. >>> research in motion hearing words they're not used to, buy. goldman sachs up
the mortgage interest deduction could be on the chopping block as part of a fiscal cliff deal. will this kill any incentive to buy a home and the housing market right along with it? we'll take a look. >>> a new report that exxonmobil has a oil shortage going on. its oil and gas output is at a 3-year low. we'll tell you why and whether you need to worry about more industry giants suffering the same fate. >>> put your money where your mouth is. a rapper offers a mill dollar...
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Nov 21, 2012
11/12
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as he proposed, no dealing with the fiscal cliff. next year, but dealing with it in the future, the far future. this is bizarre. lou: by the way, does the president have a role in all this? >> well, the president -- lou: in bernanke's mind. >> the president has been -- well, he certainly had something to do with obama's reelection. no question. quantitative easing, qe3, the aggressiveness of the federal reserve to pump up the money supply and attempt to keep the economy on an even keel helped obama and the election. lou: your outlook? fiscal cliff, yes or no? do we go over it? if so, the consequences. >> we do not come by but not for the good reasons which i have heard you analyze. very little movement on tax rates next year. very little movement on spending generally a slight decrease. lou: no movement, are using the bush tax cuts will be allowed to expire? >> no. what i'm saying is that the bush tax cuts, but for a slight modification will persist in 2013. spending reductions, which were made by the forced sequester will not be mad
as he proposed, no dealing with the fiscal cliff. next year, but dealing with it in the future, the far future. this is bizarre. lou: by the way, does the president have a role in all this? >> well, the president -- lou: in bernanke's mind. >> the president has been -- well, he certainly had something to do with obama's reelection. no question. quantitative easing, qe3, the aggressiveness of the federal reserve to pump up the money supply and attempt to keep the economy on an even...
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Dec 26, 2012
12/12
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tonight to work on a fiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey piegza, economist with ftn financial and james freeman, assistant editor of "the wall street journal"'s editorial page. james, i will start with you. does the treasury department's statement literally within the last hour we'll hit the debt ceiling deadline on monday, does that add any kind of motivation they need to get their act together in washington? >> i don't know. i think it might just add a little skepticism. you remember when we went through this at 2011. they had various dates, finally months into it in august they said this is the real deadline. knowing
tonight to work on a fiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey piegza, economist with ftn...
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Nov 25, 2012
11/12
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. >>> congress returned from the holidays still facing the fiscal cliff. if a deal can't be reached by january 1st americans will face half a trillion more in taxes next year coupled with a hundred billion dollars in cuts to domestic and defense spending. since the reagan era most republicans have day caretaken promising they won't raise taxes. mike viqueira says there may be flexibility on both sides of the aisles. >> reporter: it's a pledge almost all republicans have signed to oppose tax increases of any kind. today shit was showing cracks. >> the world has changed and the economic situation is different. >> reporter: republicans insist in return for defying part doctrine they must have changes in social security and medicare. >> i will sign only if they undo entitlement reform. >> reporter: be president has put them on the table before. during last year's failed talks on a grand bargain and more recently in his first post election press conference. >> we have to continue to take a serious look at how we reform our entitlements because health care costs
. >>> congress returned from the holidays still facing the fiscal cliff. if a deal can't be reached by january 1st americans will face half a trillion more in taxes next year coupled with a hundred billion dollars in cuts to domestic and defense spending. since the reagan era most republicans have day caretaken promising they won't raise taxes. mike viqueira says there may be flexibility on both sides of the aisles. >> reporter: it's a pledge almost all republicans have signed to...
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Dec 11, 2012
12/12
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stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-bombs. did you get one of these. retailer is seeing quote, high single-digit expansion in same-store sales this quarter. shares rose more than 4% on the news. it is our top story tonight. un-busters cracking the bedrock of labor unions in michigan even though fiery protests rocked the state capitol all day today they were out there. its house of representatives has passed two right to work bills making it possible for workers to volunteer to belong to a union and pay dues. michigan governor rick snyder could sign bills into law any minute now. so is this the end for unions? joining me
stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-bombs. did...
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Nov 23, 2012
11/12
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is there the chance that that could be the trouble for the president or could a fiscal cliff deal on top of re-election get him any political capital to flex some political muscle? >> well, i hope it was the latter. i was at the white house when the republicans took down clinton's nominee. i watched as they took down senator tower who was to become the republican secretary of defense. both parties do this unfortunately after an election. the losing party almost seeming to want some sort of sacrificial lam out there. i hope this, that what this nation most wants is to have trust once again in washington, d.c. it's a part of the program down in washington that doesn't seem to be there. while i have great respect for senator mccain who threatened to filly buster this. i couldn't have done what he did as a prisoner of war. as a fellow naval officer. i would ask him accountability for the overall public good not the party. i hope that unless he can show with firmness that there is a fact, there is some sort of issue out there that really isn't a political assertion, a partisan issue, that
is there the chance that that could be the trouble for the president or could a fiscal cliff deal on top of re-election get him any political capital to flex some political muscle? >> well, i hope it was the latter. i was at the white house when the republicans took down clinton's nominee. i watched as they took down senator tower who was to become the republican secretary of defense. both parties do this unfortunately after an election. the losing party almost seeming to want some sort...
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Nov 19, 2012
11/12
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dead. >>> also ahead -- stocks may be rallying on hopes after fiscal cliff deal, but we'll hear from a guest who says there's still more than a 60% chance we're going over that cliff. >>> and we'll hear from a former hostess union member who says the company is much more interested in rewarding investors than making twinkies or wonder bread. >>> michelle caruso-cabrera is with me today, we'll see you at the top of the hour. >>> today's "sunshine stock" comes from my old stomping ground, asia. reports alibaba group is considering buying a stake in a chinese version of twitter. alibaba runs china's largest e-commerce site. it could be a good strategic fit, up by nearly 10%. >>> back here in this fine land, talk about paying it forward, sam adams, the big brewer, now helping other entrepreneurs create jobs in the u.s. jane wells has this very, very cool story but is terrifying us all on this bicycle. >> well, i've been eating and biking and eating and biking. i'm exhausted, i'm sweating. anyhow, in a new economy you need to have new ideas. in this new office space being built downtown,
dead. >>> also ahead -- stocks may be rallying on hopes after fiscal cliff deal, but we'll hear from a guest who says there's still more than a 60% chance we're going over that cliff. >>> and we'll hear from a former hostess union member who says the company is much more interested in rewarding investors than making twinkies or wonder bread. >>> michelle caruso-cabrera is with me today, we'll see you at the top of the hour. >>> today's "sunshine...
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Dec 27, 2012
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starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i am. adam: dennis are you starbucks? too bitter. >> you're too sweet. adam: starbucks wants to send a message to lawmakers, notice i ignored that one. message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bed
starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i...
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Nov 17, 2012
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melissa: is it fiscal cliff, even if they come to a deal on the fiscal cliff not like the economy is getting better anytime soon. i see why it would be a disaer if we go over but i think we're in bad shape either way. >> i don't disagree. short term fiscal cliff or tumult in washington creates uncertainty. longer term the policy that will govern where this economy goes. and i think, as you pointed out some of the tax issues if that alone, the policy, as long as you continue down that path of highers taxes higher regulation, more intervention, a lost folks are saying will i want to participate in a game that simply seems rigged? melissa: what would you do from here? a lot of people asked me before the election, if president obama is reelected won't the stock market go up. i said no, absolutely. everyone says it will go down and at is exactly what happened. i want to give them the same sage advice . what do you do? do you buy gold? do you maybe, maybe real estate now is starting to make a lot of sense. prices are very low. terest rates are very low. you have to invest in something you
melissa: is it fiscal cliff, even if they come to a deal on the fiscal cliff not like the economy is getting better anytime soon. i see why it would be a disaer if we go over but i think we're in bad shape either way. >> i don't disagree. short term fiscal cliff or tumult in washington creates uncertainty. longer term the policy that will govern where this economy goes. and i think, as you pointed out some of the tax issues if that alone, the policy, as long as you continue down that path...
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Nov 30, 2012
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cliff deal? >> with $1.6 trillion in new taxes, i think probably half a second. >> when you see the apparent attempt at a bipartisan lunch going on today between obama and romney, it was all very sweet and everything, the reality is the picture was about as uncomfortable as the relationship is between the two sides, and again, frank, how do we get to a better place in washington? how do we get these guys to realize, let me throw this at you. i interviewed mike tyson an hour ago. fantastic interview in many ways. what i found really fascinating and relevant to this, he talks about when he goes back to the streets he grew up in in new york, what real people care about. they care about their homes, they care about their jobs, they care about feeding their children. he got quite passionate about it. i just don't get that these politicians squabbling in d.c. care about those things enough or they would stop this politicking over things like a fiscal cliff. what do you think, frank? >> they care in lar
cliff deal? >> with $1.6 trillion in new taxes, i think probably half a second. >> when you see the apparent attempt at a bipartisan lunch going on today between obama and romney, it was all very sweet and everything, the reality is the picture was about as uncomfortable as the relationship is between the two sides, and again, frank, how do we get to a better place in washington? how do we get these guys to realize, let me throw this at you. i interviewed mike tyson an hour ago....
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Nov 16, 2012
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cliff deal. that man is about to join us live. >>> plus, as we stand at the precipice of the cliff, is compromise possible? we'll ask congress jeff flake. all that up next on "kudlow." >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, benghazi-gate rears its ugly head again today. two months after the deadly terrorist attack on our u.s. consulate in libya, lawmakers are finally briefed by intelligence, state and fbi officials. >>> call it president obama's bad medicine. my 2025 research shows the u.s. will have a full-blown doctor shortage because of obama care. >>> first up, with 46 days until the country's economy plummets off the tax and fiscal cliff, new signs tonight that democrats are digging in when it comes to raising taxes on the rich. take a listen to a letter president obama read in his first second-term press conference yesterday. >> it came from a man in tennessee who began by writing that he didn't vote for me. which is okay. but what he said was, even th
cliff deal. that man is about to join us live. >>> plus, as we stand at the precipice of the cliff, is compromise possible? we'll ask congress jeff flake. all that up next on "kudlow." >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, benghazi-gate rears its ugly head again today. two months after the deadly terrorist attack on our u.s. consulate in libya, lawmakers are finally briefed by intelligence, state and fbi officials....
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Dec 29, 2012
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will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved...
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Dec 5, 2012
12/12
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a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
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Nov 29, 2012
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but whatever you call it, politico's front page headline reads, fiscal cliff deal emerging. it hashes out the flame woframe agreement including $400 billion in cuts to entitlements. but how close are they really? depends on who you ask. >> what's going on between the decision makers is little to nothing. >> you can actually now see what the contours of the deal look like. >> i'm optimistic that we can continue to work together to overt this crisis and sooner rather than later. >> we will not negotiate the end of medicare. i don't know what it is with these republicans. >> it's safer if you're on the progressive end of the political spectrum to go over the fiscal cliff than it is to agree to some of the things they're talking about. >> ruth, where do you stand, deal or no deal? >> not who deal, but who are more pessimistic. the clock is really ticking. about ten legislative days left in the year. outlines are there but the willingness to do it and the ability to get it done in time, i'm more disappointed than i thought i would be at this point. on the other hand, this is the
but whatever you call it, politico's front page headline reads, fiscal cliff deal emerging. it hashes out the flame woframe agreement including $400 billion in cuts to entitlements. but how close are they really? depends on who you ask. >> what's going on between the decision makers is little to nothing. >> you can actually now see what the contours of the deal look like. >> i'm optimistic that we can continue to work together to overt this crisis and sooner rather than later....
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Nov 22, 2012
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melissa: so the fiscal cliff is four days away. what are we to overcome a good deal to avoid it seems taxes are going up. i thought the tea party would save us. wasn't that their rally cry in the first place? to him i is and co-author of the book. why deprive of our public depends on our honor. are you guys going to stop this somehow? >> i think it is something the tea party has put massive amounts of energy into it if you think about it, the democrats fight the republicans, republicans fight the democrats, the tea party has to fight on both fronts. it requires extra amount of strategy and foresight and vision remembering the tea party is really only four years old but has regrouped. the tea party is very committed to getting involved in infiltrating the g.o.p. on the local level, that is all still happening very actively. melissa: it sounds like i'm about to be taxed to death. i could go to bermuda, but that is about it. other than that, it is going to happen. >> some things will happen, but i do think the tea party people who hav
melissa: so the fiscal cliff is four days away. what are we to overcome a good deal to avoid it seems taxes are going up. i thought the tea party would save us. wasn't that their rally cry in the first place? to him i is and co-author of the book. why deprive of our public depends on our honor. are you guys going to stop this somehow? >> i think it is something the tea party has put massive amounts of energy into it if you think about it, the democrats fight the republicans, republicans...
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Nov 20, 2012
11/12
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with the fiscal cliff 43 days away, president obama over the weekend expressed confidence a deal will be reached. my next guest says the real question now is whether politics will trump economic judgment. joining us is douglas holtz eakin, the president of the american action forum. good to have you with us. i have to say, don't know what your reaction was that as i watched the market take off, i didn't see the strength of the president's words that would warrant such a powerful reaction. >> struck me as a very naive reaction, one that is likely to be reversed as disappointment sets in. if we were to simply go ahead and go off the cliff, we have strong market reaction. the recipe for a recession in my view and one that would not be easily reversed display some people's claims to go backwards somehow. that circumstance of that kind of danger for we have already committed to raising taxes through the health care reform, there is a real premium placed not raising other taxes and getting rid of the mindless cuts across the board, i don't see that falling into place automatically. that is
with the fiscal cliff 43 days away, president obama over the weekend expressed confidence a deal will be reached. my next guest says the real question now is whether politics will trump economic judgment. joining us is douglas holtz eakin, the president of the american action forum. good to have you with us. i have to say, don't know what your reaction was that as i watched the market take off, i didn't see the strength of the president's words that would warrant such a powerful reaction....
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Nov 30, 2012
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"politico's" ben white writes, "i demand the fiscal cliff deal also include farm bill, immigration reform, energy bill, obamacare fixes, dodd-frank reform and the dollar coin." hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> is there a doctor in the house? wild animals on staten island, and construction workers doing what? time now to go "down to the wire." it's a strike in spain like you've never seen. ♪ those are actual doctors and nurses on their fourth day of a strike who decided to do something besides walk
"politico's" ben white writes, "i demand the fiscal cliff deal also include farm bill, immigration reform, energy bill, obamacare fixes, dodd-frank reform and the dollar coin." hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this...
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Nov 20, 2012
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. >> that's the man tapped to be the gop's point person to work out a fiscal cliff deal with democrats and to get his republican colleagues to support it. what of the number two, house majority leader eric cantor. >> we don't understand why raising tax rates is the solution if you want to see people get back to work. >> here's the number three, house republican whip kevin mccarthy. >> if he wants revenues, we're not saying no to revenues. what we're saying is, you don't get that by raising the tax rates. you get that by loopholes. >> yes. loopholes. you may remember them from the presidential campaign. and what of them? politico's headline today, tax loopholes alone cannot solve fiscal cliff. the article begins raise revenues and reform the tax code, easy, eliminate all the tax loopholes, right? good luck with that. as someone else might say -- >> the math tends not to work. >> as the two parties return to the table next week a "usa today" gallup poll suggests the public trusts president obama more than republicans to negotiate in good faith. 65% believe obama will make a sincere effor
. >> that's the man tapped to be the gop's point person to work out a fiscal cliff deal with democrats and to get his republican colleagues to support it. what of the number two, house majority leader eric cantor. >> we don't understand why raising tax rates is the solution if you want to see people get back to work. >> here's the number three, house republican whip kevin mccarthy. >> if he wants revenues, we're not saying no to revenues. what we're saying is, you don't...
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Nov 18, 2012
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worst case scenario, they don't reach a deal and we go over the fiscal cliff, that markets are rattled and it's an economic catastrophe. >> what are the chance because democrats seem to be digging their heels in at this point about what they're willing to do, republicans have extended the olive branch. both sides say three try. what do you think the chances are? >> i think they're going to get a deal but it's a bumpy right. democrats don't want to mess with social security. that's what senate majority leader hit and harry reid said. republicans will not put increasing taxes on the table. a lot of leverage games and democrats and republicans are both playing them. i think you're going to see that for a while but serious negotiations will happen in december and i think you'll get a deal. could we go up to december 31? it's a possibility. >> we have holidays in december also, so if meetings take place after thanksgiving and everybody breaks before christmas, though if they're committed they could decide to stay. that's happened before. we don't have a lot of time. even if they come to an
worst case scenario, they don't reach a deal and we go over the fiscal cliff, that markets are rattled and it's an economic catastrophe. >> what are the chance because democrats seem to be digging their heels in at this point about what they're willing to do, republicans have extended the olive branch. both sides say three try. what do you think the chances are? >> i think they're going to get a deal but it's a bumpy right. democrats don't want to mess with social security. that's...
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Nov 20, 2012
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cliff deal. the idea is that once they get the number, then they can move forward with some sort of immediate package that would satisfy folks in the business community, as well as small businesses so they there would not be a lot of pain from going off the fiscal cliff in the immediate terms but that somehow in 2013 you'd have tax and entitlement reform. there would be an agreement that say, look, here is where we're going on the tax cuts but in exchange for that we'll have some sort of mechanism in place that by some time in 2013 we're going to hit tax reform and entitlement reform at these levels, set at these numbers that come in in agreement in the middle of december. if you don't have that, it gets tougher as each day goes by and these issues from folks i have spoken to on both sides are difficult to do in a lame duck. the best you can get in a lame duck is a broad outline and top number. >> so when we try to look into the new year and there are people that hope for something big and bold,
cliff deal. the idea is that once they get the number, then they can move forward with some sort of immediate package that would satisfy folks in the business community, as well as small businesses so they there would not be a lot of pain from going off the fiscal cliff in the immediate terms but that somehow in 2013 you'd have tax and entitlement reform. there would be an agreement that say, look, here is where we're going on the tax cuts but in exchange for that we'll have some sort of...
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Nov 30, 2012
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wall street initially fell after house speaker boehner said there'd been no progress on a fiscal cliff deal. but stocks rose later, on news that the economy grew at an annual rate of 2.7% in the third quarter. the dow jones industrial average gained more than 36 points to close well above 13,021. the nasdaq rose 20 points to close at 3,012. the united nations general assembly voted today to recognize palestine as a non- member observer state. the tally was 138 to nine, with 41 abstentions. the u.s. voted no. it came after palestinian president mahmoud abbas appealed to the world body to issue the birth certificate of palestine. >> we did not come here seeking to delegitimize a state established years ago, and that is israel. rather, we came to affirm the legitimacy of a state that must now achieve its independence, and this is palestine. >> sreenivasan: palestinians said the vote would strengthen their hand in future peace talks with israel. but the israeli ambassador to the u.n., ron prosor, warned that the palestinians are turning their backs on peace. >> for as long as president abb
wall street initially fell after house speaker boehner said there'd been no progress on a fiscal cliff deal. but stocks rose later, on news that the economy grew at an annual rate of 2.7% in the third quarter. the dow jones industrial average gained more than 36 points to close well above 13,021. the nasdaq rose 20 points to close at 3,012. the united nations general assembly voted today to recognize palestine as a non- member observer state. the tally was 138 to nine, with 41 abstentions. the...
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Nov 23, 2012
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wall street has enough to worry about with the fiscal cliff but if a deal is done, then we turn our attention obvious tloi joly and then fundamental analysis. >> zach, do you worry that you're in denial? >> i worry about everything, bill. my own personal denial is probably too deep for me to be concerned about it. in terms of the job picture, i would say that you have a stable but not improving but not deteriorating job pictures. it is a foundation on which we're going to have to get used to high structural unemployment. corporations will hire if there is domestic demand on the one hand, and if technology efficiencies are not sufficient to allow them to generate profits. i'm much more focused on the technology efficiencies and global shifts as an impediment to moving the job needle. but that's a very different thing as to whether or not the overall economic system is going to thrive under that circumstance. i think in fact we'll do decently, not spectacularly. >> a lot of questions to come here. thank you all for joining us here today. see you guys later. >>> black friday drama at the nation'
wall street has enough to worry about with the fiscal cliff but if a deal is done, then we turn our attention obvious tloi joly and then fundamental analysis. >> zach, do you worry that you're in denial? >> i worry about everything, bill. my own personal denial is probably too deep for me to be concerned about it. in terms of the job picture, i would say that you have a stable but not improving but not deteriorating job pictures. it is a foundation on which we're going to have to...
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Dec 5, 2012
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a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
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Nov 23, 2012
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so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of bipartisanship after the leaders came to the white house. it seems as though that has gone awe with democrats digging in their heels on the issue of entit entitle. s and republicans on taxes. congress talking about some types of compromises, one that would include rolling back tax breaks for big corporations and wealthy americans as you just talked about. another one would potentially roll back the bush era tax cuts but instead of allowing rates to go back up to the clinton levels of 39%, maybe they would go back to 37%. these are
so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of...